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IREN Stock Jumps 7% and Analysts Think It Could Double From Here

By Trader Edge at 2026-09-06 12:56

Sentiment: Positive

TLDR IREN stock rose 7.3% to $44.68 on Friday, with around 35.6 million units traded. The company secured $2.4 billion in private-credit financing led by Blue Owl to deploy NVIDIA Blackwell Ultra systems. AI-cloud revenue surged 687% to $128.8 million for the full fiscal year ended June 30, 2026. Analysts hold a consensus “Moderate Buy” [...] The post IREN Stock Jumps 7% and Analysts Think It Could Double From Here appeared first on CoinCentral. Continue reading...

Categories: Stocks

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